Brief: Home Invest Belgium 9-Month Operating Result Up at EUR 32.6 Mln

Home Invest Belgium SA

18/11/2021 16:40

Nov 18 (Reuters) - HOME INVEST BELGIUM  HINV.BR :
    * INCREASE OF FAIR VALUE OF REAL ESTATE PORTFOLIO TO EUR
671.2
MILLION AT END-SEPTEMBER
    * 9-MONTH NET RENTAL RESULT EUR 20.0 MILLION VERSUS EUR 19.6
MILLION YEAR AGO
    * 9-MONTH EPRA EARNINGS EUR 3.50 PER SHARE VERSUS EUR 3.02
PER
SHARE YEAR AGO
    * 9-MONTH NET RESULT EUR 32.9 MILLION VERSUS EUR 9.8 MILLION
YEAR
AGO
    * 9-MONTH OPERATING RESULT EUR 32.6 MILLION VERSUS EUR 16.5
MILLION YEAR AGO
    * 9-MONTH AVERAGE OCCUPANCY RATE OF 96.9%
    * END-SEPT DEBT RATIO 50.25% (AR SIR) AND 48.93% (IFRS)
    * BOARD OF DIRECTORS DECIDES TO DISTRIBUTE INTERIM DIVIDEND
OF EUR
4.25 PER SHARE IN DECEMBER 2021
    * BOARD OF DIRECTORS CONFIRMS ITS CONFIDENCE IN COMPANY'S
LONG-TERM PROSPECTS
    * PLANS TO FURTHER EXPAND INTERNATIONAL ACTIVITIES AS PART
OF ITS
POSITIONING AS A SPECIALIST IN RESIDENTIAL RENTAL MARKET

Further company coverage:  HINV.BR 

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